Question: https/ Saved SO7-20 Interest Rate Risk [LO2] Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent.

 https/ Saved SO7-20 Interest Rate Risk [LO2] Bond J has a

https/ Saved SO7-20 Interest Rate Risk [LO2] Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 14 years to maturity. percent make semiannual payments, and have a YTM of 6 58:59 If Interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds? (A negative answer should be indicated by a minus sign. Do not round intermediate calculetions and enter your answers as a percent rounded to 2 decimal places, e.g. 32.16.) ook int rences Percentage change in price of Bond J Percentage change in price of Bond H Prey 1 of 7 Next>

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